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Virtus Investment Partners Inc - VRTS STOCK NEWS

Welcome to our dedicated news page for Virtus Investment Partners (Ticker: VRTS), a resource for investors and traders seeking the latest updates and insights on Virtus Investment Partners.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virtus Investment Partners's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virtus Investment Partners's position in the market.

News
Virtus Global Multi-Sector Income Fund Announces Distributions
Rhea-AI Summary
Virtus Global Multi-Sector Income Fund (NYSE: VGI) announces monthly distributions of $0.08 for December 8, 2023, January 11, 2024, and February 9, 2024. The distributions are estimates and not for tax reporting. Actual amounts and sources for tax purposes depend on the Fund’s investment experience and may change based on tax regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
-
News
Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice
Rhea-AI Summary
Virtus Equity & Convertible Income Fund (NYSE: NIE) announces a quarterly distribution of $0.50 per share, with an ex-date of December 8, 2023, a record date of December 11, 2023, and a payable date of December 22, 2023. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains. However, if the aggregate income and gains are less than the distribution level, the shortfall will be distributed from the Fund's assets, constituting a return of the shareholder's capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
none
-
News
Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions and Provides Update on Reorganization
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions and reorganization with Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The monthly distributions, estimated at $0.06 per share, will be paid on December 19, 2023, January 30, 2024, and February 28, 2024. The reorganization with EDI is scheduled for December 15, 2023, retaining the EDF ticker symbol and cusip 86164T107.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
acquisition
News
Virtus Stone Harbor Emerging Markets Total Income Fund Provides Update on Reorganization and Announces Monthly Distribution
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced its reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), scheduled for December 15, 2023. The reorganization was delayed due to regulatory approval related to the transfer or sale of certain foreign assets, which has now been resolved. Additionally, EDI announced a monthly distribution of $0.07, with the board discontinuing the dividend reinvestment program in advance of the last monthly distribution before the reorganization. The fund intends to distribute the greater of $0.07 per share or all available net investment income and net short- and long-term capital gains before the reorganization date, with any supplemental distribution to be announced on December 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
acquisition
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News
Virtus Artificial Intelligence & Technology Opportunities Fund Announces Distributions and Discloses Sources of Distribution - Section 19(a) Notice
Rhea-AI Summary
Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) announces monthly distributions and details of its Managed Distribution Plan, ensuring consistent distribution levels for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
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News
Virtus Diversified Income & Convertible Fund Announces Distributions and Discloses Sources of Distribution – Section 19(a) Notice
Rhea-AI Summary
Virtus Diversified Income & Convertible Fund (NYSE: ACV) announced monthly distributions of $0.18 for December 8, 2023, January 11, 2024, and February 9, 2024. The Fund aims to maintain a consistent distribution level from net investment income and realized capital gains under its Managed Distribution Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
News
Virtus Investment Partners Names Andra Purkalitis Executive Vice President and Chief Legal Officer
Rhea-AI Summary
Virtus Investment Partners (NASDAQ: VRTS) announced Andra Purkalitis as the new executive vice president, chief legal officer, general counsel, and corporate secretary. With over 30 years of legal and regulatory experience in asset management, she will lead the legal, regulatory, and compliance functions, offering counsel to the company's Board of Directors. Purkalitis has a deep understanding of the complexities of the asset management industry, having held key roles at Affinius Capital, Russell Investments, Aviva Investors Americas, and Old Mutual Capital. She also has a background as an enforcement attorney for the U.S. Securities and Exchange Commission and as a prosecution expert witness in criminal securities fraud cases. Purkalitis holds a J.D. from the University of Denver College of Law and a B.A. in political science from the University of Nebraska.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
none
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News
Viatris and Theravance Biopharma Announce Positive Top-Line Results from YUPELRI® (revefenacin) Phase III Trial in China for the Treatment of Chronic Obstructive Pulmonary Disease (COPD)
Rhea-AI Summary
Viatris Inc. (NASDAQ: VTRS) and Theravance Biopharma, Inc. (NASDAQ: TBPH) announce positive results from the YUPELRI Phase III clinical trial in China, demonstrating efficacy and safety for COPD patients. Top-line results show a statistically significant increase in trough FEV1 versus placebo, supporting a regulatory filing in China in mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
clinical trial
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News
Virtus Investment Partners Reports Preliminary October 31, 2023 Assets Under Management
Rhea-AI Summary
Virtus Investment Partners, Inc. (NASDAQ: VRTS) reported preliminary assets under management of $155.8 billion as of October 31, 2023. The company also provided services to $2.4 billion of other fee-earning assets. The breakdown by product type shows a decrease in assets under management from September 30, 2023, to October 31, 2023, with open-end funds, closed-end funds, retail separate accounts, and institutional accounts all experiencing declines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
none
News
Virtus Investment Partners Announces Financial Results for Third Quarter 2023
Rhea-AI Summary
Virtus Investment Partners reports financial results for Q3 2023, with diluted EPS of $4.19 and adjusted diluted EPS of $6.21. Total sales decline to $5.8B and net flows are ($1.5B). Assets under management decrease to $162.5B.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
earnings
Stock VRTS logo
Virtus Investment Partners Inc

NYSE:VRTS

VRTS Rankings

#2057 Ranked by Market Cap
#1903 Ranked by Stock Gains
#1016 Ranked by Dividends

VRTS Stock Data

1.61B
6.65M
6.08%
83.73%
1.25%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Hartford

About VRTS

in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines